Louisiana-Pacific Corporation (NYSE:LPX) Q2 2024 Earnings Conference Call August 7, 2024 11:00 AM ET

Company Participants

Aaron Howald - VP of IR and Business Development
Brad Southern - CEO
Alan Haughie - CFO

Conference Call Participants

Steven Ramsey - Thompson Research Group
Kurt Yinger - D.A. Davidson
Mark Weintraub - Seaport Research Partners
Mike Roxland - Truist Securities
Sean Steuart - TD Cowen
Matthew McKellar - RBC Capital Markets
Jeffrey Stevenson - Loop Capital
George Staphos - Bank of America Securities
Susan Maklari - Goldman Sachs

Operator

Good day, and thank you for standing by. Welcome to the Louisiana-Pacific Corporation Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised today's conference is being recorded.

I would now like to turn the conference over to your speaker for today, Aaron Howald, Vice President, VP, I'm sorry, Investor Relations and Business Development. Please, go ahead.

Aaron Howald

Thank you, operator. And good morning, everyone. Thank you for joining us to discuss LP's results for the second quarter of 2024, as well as our updated outlook. My name is Aaron Howald and I am LP's Vice President of Investor Relations and Business Development. With me this morning, are Brad Southern, LP's Chief Executive Officer, and Alan Haughie, LP's Chief Financial Officer. After prepared remarks, we will take one round of questions.

During this morning's call, we will refer to a presentation that has been posted to LP's IR webpage, which is investor.lpcorp.com. Our 8-K filing earnings press release and other materials are also available there, including our recently published 2024 sustainability report.

As always, I will caution you that today's discussion contains forward-looking statements and non-GAAP financial metrics as described on Slides 2 and 3 of the earnings presentation. The appendix of the presentation also contains reconciliations that are further supplemented by this morning's 8-K filing. Rather than reading those statements, I will incorporate them by reference.

And with that, I will turn the call over to Brad.

Brad Southern

Thanks, Aaron, and thank you all for joining us this morning.

LP siding and OSB businesses built on the strong first quarter, executing our strategy in delivering continued growth, share gains and margin expansion in the second quarter of 2024. I will summarize a few of the highlights of the quarter, which are detailed on Page 5 of the presentation. And discuss the factors that contribute to these results before turning the call over to Alan, for more detail on the businesses performance in the quarter, and an update on capital allocation.